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KKR to buy EDF's renewable power assets in US, Canada for $4.2 billion

Private equity firm KKR said on Tuesday it will buy the operations and assets of EDF's North American renewable energy unit in the U.S. and Canada for $4.2 billion.EDF Power Solutions' assets are being sold as the parent company, French state-owned utility EDF, seeks to raise cash to maintain its 5…

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Getty Images scraps Shutterstock merger

Getty Images NYSE:GETY said on Tuesday it has called off its planned merger with Shutterstock NYSE:SSTK after the UK's competition watchdog insisted on the sale of Shutterstock's editorial business as a condition for approval.

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